New York Laws
EPT - Estates, Powers and Trusts
Article 6 - Classification, Creation, Definition Of, and Rules Governing Estates in Property

Part 1 - Estates Classified as to Duration

6-1.1 - Estates Classified - (a) Estates in property as to duration are classified as...

6-1.2 - Estates Tail Abolished; Future Estates Limited Thereon - Estates tail have been abolished, and every estate which would...

6-1.3 - When Estate for Life of Third Person Is Real Property; When Personal Property - personal property A disposition of real property for the life...

Part 2 - Estates Classified as to Number of Persons

6-2.1 - Estates in Severalty, Joint Tenancy, Tenancy by the Entirety and in Common - (1) In severalty. (2) Joint tenancy. (3) Tenancy in common....

6-2.2 - When Estate Is in Common, in Joint Tenancy or by the Entirety - (a) A disposition of property to two or more persons...

Part 3 - Estates Classified as to Time of Enjoyment and Creation

6-3.1 - Estates in Possession and Future Estates - Estates in property, as to the time of their enjoyment,...

6-3.2 - Kinds of Future Estates - (a) Future estates are divided into: (1) Estates left in...

6-3.3 - Concerning the Creation of Certain Future Estates - (a) Subject to the provisions of article 9: (1) An...

6-3.4 - When Future Estates Are Created - A future estate is created when the disposition creating it...

Part 4 - Estates Defined

6-4.1 - Definition of an Estate in Possession - An estate in possession is an estate which entitles the...

6-4.2 - Definition of a Future Estate - A future estate is an estate limited to commence in...

6-4.3 - Definition of a Remainder - A remainder is a future estate, as defined in 6-4.2,...

6-4.4 - Definition of a Reversion - A reversion is the future estate, other than a possibility...

6-4.5 - Definition of a Possibility of Reverter - A possibility of reverter is the future estate left in...

6-4.6 - Definition of a Right of Reacquisition - A right of reacquisition is the future estate left in...

6-4.7 - Definition of a Future Estate Indefeasibly Vested - A future estate indefeasibly vested is an estate created in...

6-4.8 - Definition of a Future Estate Vested Subject to Open - A future estate vested subject to open is an estate...

6-4.9 - Definition of a Future Estate Vested Subject to Complete Defeasance - defeasance A future estate vested subject to complete defeasance is...

6-4.10 - Definition of a Future Estate Subject to a Condition Precedent - A future estate subject to a condition precedent is an...

Part 5 - Rules Governing Future Estates

6-5.1 - Characteristics of Future Estates - Future estates are descendible, devisable and alienable, in the same...

6-5.2 - Power of Appointment Not to Prevent Vesting - The existence of an unexecuted power of appointment does not...

6-5.3 - Future Estates in the Alternative - Two or more future estates may be created to take...

6-5.4 - Implication of Cross Remainders Between Tenants in Common - When a limitation, if contained in a will, would create...

6-5.5 - Future Estate Valid Though Contingency Improbable - A future estate, otherwise valid, shall not be void on...

6-5.6 - Meaning of Heirs, Distributees and Issue in Certain Remainders - When a remainder is limited to take effect on the...

6-5.7 - Posthumous Children - (a) Where a future estate is limited to children, distributees,...

6-5.8 - Heirs or Distributees of Life Tenant Take as Purchasers - When a remainder is limited to the heirs, heirs of...

6-5.9 - Heirs or Distributees of Creator Take as Purchasers - Where a remainder is limited to the heirs or distributees...

6-5.10 - When Future Estates Are Defeated - A future estate cannot be defeated or barred by any...

6-5.11 - Non-Destructibility of Remainders Subject to a Condition Precedent - precedent A remainder is not defeated by the determination of...

6-5.12 - Future Rents and Profits Subject to Rules Governing Future Estates - estates A disposition of the rents, profits or other income...

Part 6 - Disposition of Community Property Rights at Death

6-6.1 - Application - This part applies to the disposition at death by a...

6-6.2 - Rebuttable Presumptions - (a) Property acquired while domiciled in a jurisdiction under whose...

6-6.3 - Disposition Upon Death - Upon the death of a married person, one-half of the...

6-6.4 - Perfection of Title - (a) If the title to any property to which this...

6-6.5 - Purchaser for Value or Lender - (a) If a surviving spouse has apparent title to property...

6-6.6 - Effect and Construction of Part - This part does not effect rights of creditors nor prevent...

6-6.7 - Short Title - This part may be cited as "The New York uniform...